FORWARD FOREIGN EXCHANGE (FX) REVERSA
L An ARBITRAGE strategy in the FOREIGN EXCHANGE market to take advantage of mispricing in currency FORWARDS. The conversion occurs when forwards appear RICH, and is created by selling a forward, buying
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L An ARBITRAGE strategy in the FOREIGN EXCHANGE market to take advantage of mispricing in currency FORWARDS. The conversion occurs when forwards appear RICH, and is created by selling a forward, buying
(1) The rate quoted for future delivery of an ASSET, used in the calculation of FORWARDS and FUTURES. A quoted forward rate may reflect a FORWARD PREMIUM or FORWARD DISCOUNT. (2) See
Another name for geotechnical investigation.
Ownership of an asset by more than one person. The reasons for this approach are many. Allows obtaining an asset beyond the financial capabilities of an individual. Disperses control and accountability of
Benin, Burkina Faso, Cameroon, Central African Republic, Chad, Comoros, Congo, Equatorial Guinea, France, Gabon, Cote d’Ivoire, Mali, Niger, Senegal, and Togo are countries where French is the common language.
A CASH FLOW computation that is based on OPERATING CASH FLOW, less cash allocated to new and replacement ASSETS; alternatively it is net operating income less the REPLACEMENT COST for depreciated assets,
Exclusion statement, typically in marine insurance policies. A special, separate policy is necessary to cover excluded losses in situations such as warlike hostile acts, rebellion, mutiny, and civil strife.
No lien or other inhibitor to selling property or assets. No other person has any say or rights on a property or asset one wishes to sell.
Having no support, affiliation, or stated dependence.
Arrival port-to-customer transportation costs. Part of the final, total transportation costs of the shipment.
Peaceful, mutual resolution to a disagreement.
Starting statements in a contract that set the basis of contract administration, rights, responsibilities, and relationships of the contracting parties. T
A substance that provides energy when its makeup is chemically or physically altered. A product consumed, oxidized, or otherwise used.
Balance sheet’s breakdown by action or decision. Economic, environmental, health, and social costs posted into specific accounts.
Typically has a restaurant attached to it. Also refer to full service restaurant.
A condition a person must achieve to be eligible to collect social security retirement benefits. A section of OASDHI detailing the condition requirements. OASDHI stands for ‘Old Age, Survivors, Disability, and Health
Reduced productivity of a capital asset due to obsolescence. Decreased capability and throughput of an asset.
Using bonds or loans to raise monies. Sometimes done through issuance of securities such a bonds.
Disability benefits improvement at specific listed times during the plan or contract without rechecking insurability.
Gaia is the ancient Greek goddess of the Earth. A metaphor, a concept, not a proven fact, that our Earth is an aware, self-regulating entity (giant cell?) that adjusts to changes and
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